2009 MAR 18 - (VerticalNews.com) -- As online retailers look for ways to attract consumers during the recession, Shoebuy.com, a top rated apparel shopping site with over 5 million unique visitors each month, looked towards eBillme. eBillme(TM), the payment option that enables consumers and small businesses to use online banking to pay now, pay securely and use available funds, was introduced on the site as a checkout option in November 2008, to give shoppers a credit card alternative that limits debt. After just four weeks of integration, Shoebuy.com saw immediate adoption of the payment option as 42 percent of shoppers who checked-out with eBillme were new customers for the online retailer.
"We're seeing increased demand for non-credit payment options as consumers take steps to limit interest and decrease credit card balances," says James Keller, SVP Marketing & Business Development at Shoebuy.com. "We chose eBillme as a solution that further addresses customers looking for a secure way to shop online and pay now with available funds, without any fees, and with buyer protections. We are seeing the desire for some consumers to shift from credit to cash and eBillme is helping us respond and reach new shoppers."
eBillme is an easy-to-use alternative payment option for shopping online. When shoppers choose the option at checkout, their order is confirmed with an eBill sent to their e-mail address. Consumers simply pay the eBill through their online checking or savings account--the same way they pay utilities, loans, insurance, and other bills. The transaction occurs securely, bank to bank, with no personal or financial information required or transmitted over the Internet.
"Shoebuy.com customers value their vast selections, competitive pricing and first-class customer service," says Marwan Forzley, President and CEO of eBillme. "Our payment option delivers benefits to both merchants and consumers. Shoppers have changed their spending preferences and are starting to act with more financial responsibility. Shoebuy.com has seen first-hand evidence of this as more of their customers look towards cash checkout. Now is the time for online retailers to invest in cash-like alternatives to adapt to the changing landscape."
Because shoppers pay directly from their online bank account, they don't release any financial information online. This helps consumers manage their spending and debt, while better safeguarding themselves from identity theft and fraud risks. eBillme's buyer protection program takes security a step further. Provided at no cost to shoppers and retailers, the buyer protection features have the same or a better level of buyer protection than premium credit cards. Protection features include a return guarantee, price guarantee, in-transit protection, and fraud protection. Consumers can shop with confidence knowing their eBillme transaction is guaranteed and protected.
To read the full Shoebuy.com case study, please visit http://www.ebillme.com/images/uploads/pdfs/shoebuy_eBillme_casetudy.pdf. ABOUT eBillme eBillme(TM) is the only online payment solution that extends the convenience of online banking to the merchant's checkout, reduces the security risks of shopping online, and enables merchants to increase sales while reducing transaction costs. No financial data is exposed and the payment transaction is securely transferred from the customer's bank to the retailer's bank. Consumers can shop online, by catalog or through call centers, and pay for their purchases at their bank, credit union, or bill pay portal using the security and convenience of online banking. eBillme gives retailers access to the over 110 million Americans who use online banking. For more information, please visit www.eBillme.com or eBillme's Online Debt-Free Shopping Mall, www.shopdebtfree.com.
"We're seeing increased demand for non-credit payment options as consumers take steps to limit interest and decrease credit card balances," says James Keller, SVP Marketing & Business Development at Shoebuy.com. "We chose eBillme as a solution that further addresses customers looking for a secure way to shop online and pay now with available funds, without any fees, and with buyer protections. We are seeing the desire for some consumers to shift from credit to cash and eBillme is helping us respond and reach new shoppers."
eBillme is an easy-to-use alternative payment option for shopping online. When shoppers choose the option at checkout, their order is confirmed with an eBill sent to their e-mail address. Consumers simply pay the eBill through their online checking or savings account--the same way they pay utilities, loans, insurance, and other bills. The transaction occurs securely, bank to bank, with no personal or financial information required or transmitted over the Internet.
"Shoebuy.com customers value their vast selections, competitive pricing and first-class customer service," says Marwan Forzley, President and CEO of eBillme. "Our payment option delivers benefits to both merchants and consumers. Shoppers have changed their spending preferences and are starting to act with more financial responsibility. Shoebuy.com has seen first-hand evidence of this as more of their customers look towards cash checkout. Now is the time for online retailers to invest in cash-like alternatives to adapt to the changing landscape."
Because shoppers pay directly from their online bank account, they don't release any financial information online. This helps consumers manage their spending and debt, while better safeguarding themselves from identity theft and fraud risks. eBillme's buyer protection program takes security a step further. Provided at no cost to shoppers and retailers, the buyer protection features have the same or a better level of buyer protection than premium credit cards. Protection features include a return guarantee, price guarantee, in-transit protection, and fraud protection. Consumers can shop with confidence knowing their eBillme transaction is guaranteed and protected.
To read the full Shoebuy.com case study, please visit http://www.ebillme.com/images/uploads/pdfs/shoebuy_eBillme_casetudy.pdf. ABOUT eBillme eBillme(TM) is the only online payment solution that extends the convenience of online banking to the merchant's checkout, reduces the security risks of shopping online, and enables merchants to increase sales while reducing transaction costs. No financial data is exposed and the payment transaction is securely transferred from the customer's bank to the retailer's bank. Consumers can shop online, by catalog or through call centers, and pay for their purchases at their bank, credit union, or bill pay portal using the security and convenience of online banking. eBillme gives retailers access to the over 110 million Americans who use online banking. For more information, please visit www.eBillme.com or eBillme's Online Debt-Free Shopping Mall, www.shopdebtfree.com.
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